$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$
US natural gas futures eased to $3.64/MMBtu after a 12% weekly gain that pushed prices to a three-week high above $3.75, as investors assess weather, heating demand, and production levels. Gas flows to the eight major U.S. LNG export plants averaged 15.3 bcfd so far in February, up from 14.6 bcfd in January and nearing record levels. Meanwhile, extreme cold weather froze some wells, reducing daily gas output. Weather forecasts show colder-than-nor...
US natural gas futures eased to $3.64/MMBtu after a 12% weekly gain that pushed prices to a three-week high above $3.75, as investors assess weather, heating demand, and production levels. Gas flows to the eight major U.S. LNG export plants averaged 15.3 bcfd so far in February, up from 14.6 bcfd in January and nearing record levels. Meanwhile, extreme cold weather froze some wells, reducing daily gas output. Weather forecasts show colder-than-nor...
$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$
Hello Natural Gas friends, what a week. Big Super Wow !!!
So much news and unforeseen things. Here is a video for orientation so that you can make better decisions. Don't forget we trade already in spring.
So have a nice weekend and good luck
The Doctor
Hello Natural Gas friends, what a week. Big Super Wow !!!
So much news and unforeseen things. Here is a video for orientation so that you can make better decisions. Don't forget we trade already in spring.
So have a nice weekend and good luck
The Doctor
From YouTube
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$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$
US natural gas futures dropped over 4% to $3.2/MMBtu on Tuesday, down from a 10.1% rally on Monday, after President Trump delayed tariffs on Canada and Mexico by a month following agreements on border enforcement. Meanwhile, China imposed retaliatory tariffs, including a 15% levy on US coal and LNG, raising fears of a trade war. This move could disrupt LNG trade between the world’s largest buyer and seller. On the supply side, average US gas outpu...
US natural gas futures dropped over 4% to $3.2/MMBtu on Tuesday, down from a 10.1% rally on Monday, after President Trump delayed tariffs on Canada and Mexico by a month following agreements on border enforcement. Meanwhile, China imposed retaliatory tariffs, including a 15% levy on US coal and LNG, raising fears of a trade war. This move could disrupt LNG trade between the world’s largest buyer and seller. On the supply side, average US gas outpu...
$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$
US natural gas futures traded just above $3.0/MMBtu, near their lowest since early December, as forecasts pointed to milder weather and weaker demand next week. Meteorologists expect temperatures in the Lower 48 states to stay mostly above normal through Feb. 7 before returning to near-normal levels from Feb. 8-14. Meanwhile, the EIA reported a massive gas withdrawal due to last week’s extreme cold. U.S. utilities pulled 321 billion cubic feet (bc...
US natural gas futures traded just above $3.0/MMBtu, near their lowest since early December, as forecasts pointed to milder weather and weaker demand next week. Meteorologists expect temperatures in the Lower 48 states to stay mostly above normal through Feb. 7 before returning to near-normal levels from Feb. 8-14. Meanwhile, the EIA reported a massive gas withdrawal due to last week’s extreme cold. U.S. utilities pulled 321 billion cubic feet (bc...
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